Industrial facility for sale

Freehold Commercial Investment/Residential Development Opportunity in Gillingham

Price: £125,000
Location: King Street, Gillingham, Kent, ME7 1EP
Size: 200 sq m (approx. 2,152 sq ft)

Key Investment & Development Features: Freehold Ownership. Full ownership of a substantial 200 sq m footprint.

Residential Context: Nestled between two residential properties in an established residential area. Immediate Income: Currently trading as a car mechanic shop with a stable tenant.

Full Repair Lease (FRI): Hassle-free management; tenant covers maintenance, insurance, and rates.

Two Years Remaining: Secure rental income for 2 years while you plan or apply for permissions.

Future Potential: Massive potential for residential conversion or redevelopment (STPP).

Property Description:
Rare opportunity to acquire a versatile 200 square meter freehold commercial plot on King Street. The property currently operates as a vehicle repair workshop under an FRI lease with 2 years remaining, offering immediate, hands-off cash flow from day one.

What sets this property apart is its prime location. 5 minutes walk to Gillingham BR station with direct fast links to London Victoria.

Sitting directly between two residential houses in a quiet residential zone, the site holds exceptional long-term capital growth and change-of-use potential.

Once the current lease expires, the footprint offers an ideal canvas for residential redevelopment, matching the surrounding streetscape (Subject to Planning Permission). Enquiries & Viewings: to respect the tenant's business, viewings are strictly by appointment.